Stem CEOs and firm digitalization

Dongmin Kong, Boyang Liu and Ling Zhu

Finance Research Letters, 2023, vol. 58, issue PC

Abstract: The personal background of a CEO plays a central role in strategy implementation and business transformation. In this study, we examine the effect of a CEO's STEM (science, technology, engineering, and mathematics) qualifications on corporate digital transformation. Our findings suggest that firms led by CEOs with a STEM background perform better in digital transformation. A CEO possessing STEM degree are better able to discern the value of R&D investment and innovative output efficiency, which facilitates the process from technological innovation to achievements.

Keywords: Ceos; Educational background; Digitalization; Corporate innovation (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323009455
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pc:s1544612323009455

DOI: 10.1016/j.frl.2023.104573

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().